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SDivergence

1

SDivergence Indicator calculates and shows regular divergences and hidden divergences for MACD and Stochastic(for now). The benefit of this indicator is multiple input variables. Using these inputs you can modify to get more adaptive RD and HD's to your strategy.

Guide :

1- First put your desired oscillator (MACD or Stochastic or Both) on the chart.

2- Run SDivergence indicator and set corresponding sub-window index of previously put oscillator in SDivergence input window.

-Note: the chart sub-window index is 0. and first indicator's (in separate  window) sub-window index is 1 and so on.


Indicator Inputs:

 ind_type (MACD/STOCH)  -> chooses the indicator type between MACD and Stochastic 


---------------DIVERGENCE SETTINGS--------------------

 DivCandleType (Body/Shadow) -> type of candle to consider to calculate RD and HDs

 DRN  -> Right Number of Extremum Candles / should be  (>1)

 DLN  -> Left Number of Extremum Candles / should be (>1)

DEC  -> Divergence Extremum Depth. Each extremum compare with DEC number of extremums after it. / should be   (>0) 

osc_DRN -> Indicator Right Number of Extremum Candles / should be (<=DRN) 

osc_DLN -> Indicator Left Number of Extremum Candles  / should be  (<=DLN) 

oscExtPeriod  -> Indicator Extermum Period to Check  / should be  (>=0)

backCheck  -> BackCheck Period With Each new Candle  / should be  (>0)

--------------------MACD SETTINGS-------------------------

 macd_subwindow = 1;  // MACD Subwindow -> RD and HD lines for macd will draw to this window 

 InpFastEMA = 12; // Fast EMA period

 InpSlowEMA = 26; // Slow EMA period

 InpSignalSMA = 9; // Signal SMA period

 applied_price = PRICE_CLOSE; // Applied Price MACD

--------------------STOCH SETTINGS-------------------------

 stoch_subwindow = 2; // Stochastic Subwindow ->  RD and HD lines for Stochastic will draw to this window 

 InpKPeriod = 5; // K period

 InpDPeriod = 3; // D period

 InpSlowing = 3; // Slowing



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dak72 2023.12.04 13:29 
 

BAD BAD BAD!!!!!!! The worst indicator I have ever used. It doesn't work and they don't give you your money back! strongly not recommended

Mobin Zarekar
905
Reply from developer Mobin Zarekar 2023.12.29 05:56
Dear dak72, Thank you for taking the time to share your feedback. I'm sorry to hear that the indicator did not meet your expectations. As the developer, I value all input from users, as it helps me improve the tool. I'd like to clarify a couple of points: 1. **Free Tool:** The indicator is offered for free on the MQL5 market. There is no charge associated with its use, so there is no process for a refund. This might be a misunderstanding, and I wanted to ensure there's clarity on this aspect. 2. **Performance Issues:** I'm concerned about your experience stating that the indicator does not work. If you could provide more specific details about the issues you encountered, I would be more than willing to look into them. Your insights could be invaluable in enhancing the indicator's functionality for all users. Lastly, I’m always open to suggestions for improvement. If there are specific features or enhancements you believe could improve the indicator, please feel free to share. Thank you once again for your feedback, and I hope we can resolve any issues to improve your experience.
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